Acceleration of Equity Awards. Notwithstanding anything to the contrary in any of the Equity Award Documents, as defined in Appendix A, upon a Change in Control, all outstanding stock options and restricted stock granted by the Company or any of its affiliates to the Executive shall become fully vested, and stock options shall become immediately exercisable, on the date of the Change in Control.
Appears in 23 contracts
Samples: Employment Agreement (Lincoln Educational Services Corp), Employment Agreement (Lincoln Educational Services Corp), Employment Agreement (Lincoln Educational Services Corp)